Industry News Wrap Up: December 14-18, 2015

Here’s a look at a couple of the top stores in the aerospace, semiconductor, and consumer electronics industries this past week.

Vehicle Charging Expected to Boost Semiconductor Industry

IHS Technology reported that semiconductor industry revenues attributed to vehicle charging stations reached $44 million in 2014 and are expected to reach $233 million by 2019. The push towards sustainable technology will continue to present opportunities to supply chain members in the semiconductor and electronics industries in the coming years.

Apple Names New COO

On Thursday, Apple announced that company veteran Jeff Williams will become the next COO. Williams joined Apple in 1998 as head of worldwide procurement and in 2004 he was named VP of Operations. Williams played a key role in Apple’s entry into the mobile phone market with the launch of iPhone® and Apple’s first wearable product, Apple Watch®.

China Southern Airlines Commits to Purchase 100+ Boeing Planes

China Southern Airlines has committed to purchase 30 Boeing 737NGs and 50 737 MAXs, valued at $8.4 billion. Its Xiamen Airlines subsidiary will also be purchasing 30 737 MAXs. According to China Southern, Boeing will take back thirteen 757s and three 737-300s as part of the agreement.

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